CareRx Corporation

TSX:CRRX Stock Report

Market Cap: CA$225.2m

CareRx Dividends and Buybacks

Dividend criteria checks 3/6

CareRx is a dividend paying company with a current yield of 2.28% that is well covered by earnings. Next payment date is on 9th July, 2026 with an ex-dividend date of 23rd June, 2026.

Key information

2.3%

Dividend yield

1.1%

Buyback Yield

Total Shareholder Yield3.4%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay date09 Jul 26
Ex dividend date23 Jun 26
Dividend per sharen/a
Payout ratio14%

Recent dividend and buyback updates

Recent updates

Narrative Update May 04

CRRX: Completed Buyback And Stable Assumptions Will Support Long Term Upside

Analysts have nudged their CareRx price target slightly higher to CA$4.50, reflecting modest adjustments to the discount rate, revenue growth assumptions, profit margin outlook and future P/E expectations. What's in the News CareRx completed a share repurchase of 246,069 shares between October 1, 2025 and March 4, 2026, equal to 0.39% of its shares, for a total of CA$0.49 million (Key Developments).
Narrative Update Apr 19

CRRX: Share Repurchase And Steady Assumptions Will Support Long Term Upside

Analysts have made slight adjustments to their CareRx price targets, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. Their fair value estimate remains steady at CA$4.50.
Narrative Update Apr 05

CRRX: Share Repurchase And Margin Outlook Will Support Long Term Upside

Analysts have modestly revised their CareRx price target to CA$4.50, reflecting updated assumptions for discount rate, revenue growth, profit margins and future P/E, which keep the fair value estimate steady at CA$4.50. What's in the News CareRx completed a share repurchase of 246,069 shares, representing 0.39% of its shares, for a total of CA$0.49 million under the buyback announced on September 15, 2025 (Key Developments).
Narrative Update Mar 22

CRRX: Share Repurchases And Higher Assumed P/E Will Support Future Upside

Analysts have adjusted their CA$ fair value estimate for CareRx from about CA$5.08 to roughly CA$5.38, reflecting updated views on revenue growth, profit margins, and future P/E assumptions. What's in the News CareRx completed a share repurchase program, buying back 246,069 shares between October 1, 2025 and March 4, 2026, equal to 0.39% of its shares, for a total of CA$0.49 million (Key Developments).
Narrative Update Mar 07

CRRX: Improved Profit Outlook And Lower P/E Will Support Future Upside

Analysts have adjusted their CareRx price target slightly higher to CA$5.08 from CA$4.92, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. Valuation Changes Fair Value: CA$5.08, up slightly from CA$4.92.
Narrative Update Feb 21

CRRX: Lower Future P/E Will Support Stronger Shareholder Returns

Analysts have trimmed their target price on CareRx to CA$4.92. They link this move to slightly higher discount rate assumptions and a modestly lower revenue growth outlook, partially balanced by a small improvement in expected profit margins and a lower future P/E estimate.
Narrative Update Feb 06

CRRX: Refined Earnings Assumptions Will Support Stronger Long Term Upside Potential

Analysts have slightly adjusted their price target on CareRx, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E that fine tune rather than overhaul their previous fair value view. Valuation Changes Fair Value: Unchanged at 4.5x, indicating no shift in the overall valuation anchor used in the model.
Narrative Update Jan 23

CRRX: Future Earnings Power Will Support Refined Fair Value Upside

Analysts have slightly adjusted their price target on CareRx, reflecting modest tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. Together these changes point to a more refined view of the company’s fair value around $4.50.
Narrative Update Jan 09

CRRX: Future Earnings Power Will Drive Repriced Market Expectation

The analyst price target for CareRx has shifted from US$2.25 to US$4.50, with analysts attributing this change to updated assumptions about revenue growth, profitability, and future P/E. What's in the News Between September 15, 2025 and September 30, 2025, CareRx reported no share repurchases under its existing buyback program, with 0 shares repurchased for CAD 0 million in that period (Key Developments).
Narrative Update Dec 24

CRRX: Higher Future Earnings Multiple Will Drive Stronger Shareholder Returns

Analysts have nudged their price target for CareRx slightly higher, raising it by about $0.06 per share. This reflects modestly stronger expectations for revenue growth and valuation multiples, despite a more cautious view on profit margins.
Narrative Update Dec 10

CRRX: Upcoming Share Buybacks Will Support Stronger Future Shareholder Returns

Narrative Update on CareRx Analysts have modestly increased their price target on CareRx to reflect a slightly higher valuation multiple and stable expectations for revenue growth and profit margins. This translates into a small upward adjustment in projected equity value by a few cents per share.
Narrative Update Nov 26

CRRX: Share Repurchase Program Will Drive Stronger Performance Ahead

Analysts have raised their price target for CareRx, increasing the fair value estimate from $4.00 to $4.86. This change reflects improved revenue growth expectations and a more favorable profit margin outlook.
Analysis Article Sep 11

Is CareRx (TSE:CRRX) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
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New Narrative Apr 07

North Burnaby Fulfillment Center And European Automation Will Improve Operations

Debt restructuring and cost-saving measures likely increase net margins and improve earnings by reducing interest expenses and operational costs.
Analysis Article Feb 11

Market Participants Recognise CareRx Corporation's (TSE:CRRX) Revenues

It's not a stretch to say that CareRx Corporation's ( TSE:CRRX ) price-to-sales (or "P/S") ratio of 0.4x right now...
Analysis Article Oct 03

CareRx (TSE:CRRX) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 11

Analyst Estimates: Here's What Brokers Think Of CareRx Corporation (TSE:CRRX) After Its Second-Quarter Report

Last week, you might have seen that CareRx Corporation ( TSE:CRRX ) released its quarterly result to the market. The...
Analysis Article Apr 22

Does CareRx (TSE:CRRX) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Mar 17

Market Participants Recognise CareRx Corporation's (TSE:CRRX) Revenues Pushing Shares 28% Higher

CareRx Corporation ( TSE:CRRX ) shares have continued their recent momentum with a 28% gain in the last month alone...
Analysis Article Oct 19

CareRx (TSE:CRRX) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Aug 22

What You Can Learn From CareRx Corporation's (TSE:CRRX) P/S

It's not a stretch to say that CareRx Corporation's ( TSE:CRRX ) price-to-sales (or "P/S") ratio of 0.3x right now...
Analysis Article Sep 22

CareRx (TSE:CRRX) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 14

These 4 Measures Indicate That CareRx (TSE:CRRX) Is Using Debt Extensively

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Upcoming Dividend Payment

TodayMay 22 2026Ex Dividend DateJun 23 2026Dividend Pay DateJul 09 202616 days from Ex DividendBuy in the next 31 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether CRRX's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if CRRX's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

CareRx Dividend Yield vs Market
How does CRRX dividend yield compare to the market?
SegmentDividend Yield
Company (CRRX)2.3%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.4%
Industry Average (Consumer Retailing)1.2%
Analyst forecast (CRRX) (up to 3 years)n/a

Notable Dividend: CRRX's dividend (2.28%) is higher than the bottom 25% of dividend payers in the Canadian market (1.68%).

High Dividend: CRRX's dividend (2.28%) is low compared to the top 25% of dividend payers in the Canadian market (5.47%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.9%), CRRX's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (23%), CRRX's dividend payments are well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 03:21
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CareRx Corporation is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyle McPheeATB Cormark
Kyle McPheeATB Cormark Historical (Cormark Securities)
Doug CooperBeacon Securities Limited